bioAffinity Technologies Return on Assets (ROA) Summary

bioAffinity Technologies's ROA indicates the return generated on the company's assets:

• Annual: -96.54%
• Quarterly: -31.70%
• TTM: -131.24%

What is Return on Assets (ROA)?

Return on Assets (ROA) is a financial ratio that shows the percentage of profit a company earns in relation to its overall resources. It is an indicator of how efficiently a company is using its assets to generate earnings.

Related Metrics

Other important metrics to assess bioAffinity Technologies's profitability include:

• ROE (Return on Equity) - measures the return generated on shareholders' equity:
  • Annual: -163.47%
  • Quarterly: -61.47%
  • TTM: -170.13%
• ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
  • Annual: -124.25%
  • Quarterly: -53.14%
  • TTM: -220.34%
• Return on Tangible Assets - measures the return generated on the company's tangible assets:
  • Annual: -132.65%
  • Quarterly: -47.45%
  • TTM: -196.42%
• Profit Margin - shows the percentage of revenue that has turned into profit:
  • Annual: -313.41%
  • Quarterly: -88.01%
  • TTM: -119.41%

These metrics provide insights into bioAffinity Technologies's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

bioAffinity Technologies Historical ROA

Historical ROE

Historical ROIC

Historical Profit Margin

Historical Return on Tangible Assets